My column in the guardian today on the tactics of the unions and our love for extracting our share of the national cake. In the guardian today or online here. http://guardian.ng/features/asuu-and-the-seasonal-union-shakedown/?F Advertisements
Quoting a book i’m currently reading: “In a way, [IPOB] is like a fly that tries to destroy a china shop. The fly is so small and weak. It cannot move even a single teacup. So how does a fly destroy a china shop? The fly finds a bull, gets into the ear of the… Continue reading On IPOB and destructive tactics
The oil shock of 2014 wreaked havoc on the Nigerian economy, especially through its effect on the Naira. We all remember how the story went. Crude oil made up a significant portion of Nigeria’s exports. The crude oil price crashed, which meant Nigeria’s export revenue crashed, which put the currency under immense pressure. The policy… Continue reading Currency shocks in the real world
The CEPII has a new database on equilibrium exchange rates for 180 countries since 1973. You can read more about their methods here. Such data is useful for examining currency misalignments, especially comparing it across countries. I poked around it a bit to see what the Nigerian story is. The interesting thing is the volatility, at… Continue reading Naira currency misalignments from EQChange
In the guardian today I talk about China and how they are not a model for protectionism but for the and abandonment of it. Online here
Something on Nigeria’s official exit from recession I wrote for Nairametrics https://nairametrics.com/hurray-we-exited-recession-without-reforms-by-nonso2/
Stumbled on this while doing some research. I guess there’s a reason we called IBB the Maradona of the times.